Fannie Mae predicts major mortgage rate changes are coming soon
Homebuyers may see a surprising shift in the housing market this year.
When the Federal Reserve began cutting interest rates in September, most economists anticipated a corresponding drop in mortgage rates.
Though initial forecasts predicted that mortgage rates would fall below 6% by the end of 2025, ongoing political and economic uncertainty coupled with volatile financial markets have kept rates elevated.
Fannie Mae has repeatedly adjusted its projections to account for Fed policy changes, inflation trends, housing sentiment, and overall market conditions.
